THE DETERMINANTS OF CONSUMERS’ PERCEPTIONS OF BUYING CONDITIONS FOR HOUSES

Pami Dna and David J. Smyth
Additional contact information
Pami Dna: Delhi School of Economics
David J. Smyth: Delhi School of Economics

No 41, Working papers from Centre for Development Economics, Delhi School of Economics

Abstract: This paper examines the detenninants of consumers' buying attitudes for houses. Survey data on buying attitudes are from responses to the Surveys of Consumer Attitudes conducted by the Survey Research Centre, University of Michigan. The determinants considered include current and future housing-related variables and measures of current and future overall economic conditions. The empirical estimates show that the following variables are statistically significant the level of the mortgage rate, the percentage change in house prices; an index of the expected real family income. The standardized coefficients indicate that the level of the mortgage rate has numerically the biggest impact on buying altitudes.

Pages: 21 pages
Date: 1996-11
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cdedse.org/pdf/work41.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cde:cdewps:41

Ordering information: This working paper can be ordered from
http://www.cdedse.org/

The price is free.

Access Statistics for this paper

More papers in Working papers from Centre for Development Economics, Delhi School of Economics Delhi 110 007. Contact information at EDIRC.
Bibliographic data for series maintained by Sanjeev Sharma ().